Data Analytics

Law firm billing in a crisis: Beware the optics of discounts

We are in a period right now where many clients, perhaps more than even during the Great Recession, are experiencing acute cash flow issues. As…

Bill Josten May 28, 2020

Forum Magazine: Unpacking law firm value — drivers & density

This article originally appeared in the Spring 2020 issue of Forum magazine. Valuation of law firms is neither a capital market nor regulatory requirement, but…

Madhav Srinivasan May 27, 2020

Legal design, not legal tech, best enables access to justice

Charles Dickens’ Bleak House begins in the legal world — at the Lincoln’s Inn in London. Smoke rises from the chimneys, mixing with waterside pollution…

Anders Spile May 26, 2020

What’s happening to RFPs during the pandemic?

There has been a recent market uptake in the utilization of Request for Proposals (RFPs) and bids during the pandemic, and I wanted to find…

Nancey Watson May 26, 2020

How the current crisis is expediting innovation within legal

As the current pandemic slogs onward, more attention is focusing on how legal organizations can best manage through the crisis and come out better prepared…

Natalie Runyon May 18, 2020

As economic uncertainty looms, law firms bounce back in first quarter, PMI shows

The large law firm market saw strong growth in demand and rates in the first quarter, a robust foundation that stood at the onset of…

Legal Executive Institute May 11, 2020

Process improvement & project management in the new “new normal”

While I have been going on in several blog posts, podcasts and recent speaking engagements, about the renewed need for process improvement and project management…

Frederick J. Esposito, Jr., MBA, CLM May 07, 2020

Data-Driven Law Firm Financial Performance & Profitability Analytics for the Next Wave

In January, I conducted a law firm sentiment survey that asked how firms performed in 2019 and whether 2020 would bring more or less favorable…

Mark Medice April 30, 2020

In the Pandemic, Exceptions to DMS Work Processes Can No Longer Be the Norm

Law firms have an inglorious history of internal non-compliance with security and information governance policies, such as around their document management system (DMS). Now, however,…

Joshua Fireman April 28, 2020

2020 State of Corporate Law Departments Infographic: 4 Main Takeaways

It comes as no surprise that amid the current crisis, the heavy pressure that corporate law departments were under on many fronts before has only…

Legal Executive Institute April 28, 2020

In the Current Crisis, Your Firm Needs You to be Both a Manager & a Leader

This 2-blog series was written by Bruce MacEwen and Janet Stanton of Adam Smith, Esq. In the first installment of this two-part series, we talked…

Legal Executive Institute April 28, 2020

U.S. Bank Legal Operations: Key to Achieving Success Is an Expansive Commitment to Diversity, Equity & Inclusion

Caren Ulrich Stacy, CEO of Diversity Lab, earlier this month urged law firm leaders to “double down on diversity” as part of her “recession advice.”…

Natalie Runyon April 27, 2020